$TPAC Hope everyone sees today's action for what it is. After the presentation was released last night, I figured we had a pretty good shot at a red day. The entities driving this down wait for certain events, and then manipulate it to kill investor confidence. It is plain as day to me and nothing I sweat. While some may have unfortunately been shaken, logic tells me that this stock just got stronger, as that presentation is set to serve TPAC in generating serious revenues and serious business. Those wanting this lower know that as well and that is the reason for making it happen. Find the best stock, drive it down as often as possible, shake confidence and shares, buy the shares(often as cover for a short position) once a bottom is found, ride those shares up significantly higher, then open the next short position and sell the originally covered shares to induce panic somewhere in the vicinity of 50% lower than the price the short position was opened at and 50% higher than the price they paid when they covered the original position. This is textbook.
As for the chart, the last couple of days we have broken through the middle bollinger band for the first time in a little while. Though we did not hold it, it is still a good sign. The 50MA keeps rising on the daily, and we are holding that. The 50MA and the middle bollinger band are slowly converging, thanks to the rising of the 50MA. As that 50MA keeps rising, it is going to be easier and easier to break through the middle bollinger band until it only takes moving up a tick or two to close above it. They will likely bring it down a bit more so that the MACD can cross and they can shake a few more shares. The RSI is in a prime position to bounce, especially as pertains to the mechanics of TPAC's daily chart. We have plenty of accumulation, which is a very nice trendline to look at. Once we get this above the middle bollinger band and pivot, all we need is one bit of solid news to get us past recent highs. While I am not loading here, I will load more if it goes back to where I recently loaded on the 16th, at .0029. It's only a matter of time until the right news and right filings come out, causing the pps to adjust organically to revenue generated, giving us a new baked-in price per share that can no longer be mathematically valuated in the double zeroes.
Again, nothing has changed since yesterday, aside from the release of a very solid presentation geared for Boeing, et al., that depicts the benefits of going with $TPAC, such as being able to deliver in two weeks(!!!), at a lesser cost, and even with the benefit of tax offsets. I honestly cannot fathom us not getting cut in on China's business, and business elsewhere. To me, this is just common sense. And for these reasons and more, I continue to hold and sometimes add more.
As for the chart, the last couple of days we have broken through the middle bollinger band for the first time in a little while. Though we did not hold it, it is still a good sign. The 50MA keeps rising on the daily, and we are holding that. The 50MA and the middle bollinger band are slowly converging, thanks to the rising of the 50MA. As that 50MA keeps rising, it is going to be easier and easier to break through the middle bollinger band until it only takes moving up a tick or two to close above it. They will likely bring it down a bit more so that the MACD can cross and they can shake a few more shares. The RSI is in a prime position to bounce, especially as pertains to the mechanics of TPAC's daily chart. We have plenty of accumulation, which is a very nice trendline to look at. Once we get this above the middle bollinger band and pivot, all we need is one bit of solid news to get us past recent highs. While I am not loading here, I will load more if it goes back to where I recently loaded on the 16th, at .0029. It's only a matter of time until the right news and right filings come out, causing the pps to adjust organically to revenue generated, giving us a new baked-in price per share that can no longer be mathematically valuated in the double zeroes.
Again, nothing has changed since yesterday, aside from the release of a very solid presentation geared for Boeing, et al., that depicts the benefits of going with $TPAC, such as being able to deliver in two weeks(!!!), at a lesser cost, and even with the benefit of tax offsets. I honestly cannot fathom us not getting cut in on China's business, and business elsewhere. To me, this is just common sense. And for these reasons and more, I continue to hold and sometimes add more.
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Trans-Pacific Aerospace (TPAC) Stock Research Links
Do your own DD. Assume everyone here is either an amateur trader/investor or a paid interest such as a compensated pumper/basher. My posts are strictly for entertainment purposes. I am not on Wall St., do not work for a group, and only get paid when my personal investments materialize. I am only responsible for my own gains and losses; no one is to blame for my mistakes or for any advice taken from postings; likewise, I am not to blame for any advice you take of mine, regardless of gains or losses from doing so. Good luck to all; may you live long and prosper greatly.
